ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
Aurora Solar Technologies announces addition of John McNicol to the Board of Directors Updated On Thu, Nov 24th, 2016 by Saurenergy Aurora Solar Technologies has named John McNicol to the Board of Directors. McNicol brings in a proven track record of building high growth international companies from early start up through periods of substantial asset investment, rapid sales growth and significant shareholder value appreciation. McNicol was formerly the President and Co-CEO of Enwave Corporation where he […] Read more
Navigant Research Names AutoGrid a Leader in Virtual Power Plant Software Updated On Wed, Nov 23rd, 2016 by Saurenergy AutoGrid Systems, the Energy Internet leader, announced that Navigant Research has positioned AutoGrid as a Leader in its Navigant Research Leaderboard Report: Virtual Power Plant Software Vendors. Navigant Research also recently named AutoGrid a Leader in its Navigant Research Leaderboard Report: Demand Response Management Systems, making it the only company with the distinction of being […] Read more
Niti Aayog to go beyond traditional areas of planning, to promote solar rooftop initiative Updated On Wed, Nov 23rd, 2016 by Saurenergy Niti Aayog will broaden its purview to go beyond the traditional areas of planning and look at internal security, defense, social and development goals. “Niti Aayog has initiated an exercise to formulate vision and strategy for the period beyond the 12th Five Year Plan (which ends in March 2017),” Minister of State for Urban Development […] Read more
PSEG Solar Source Acquires 6.6 MW Solar Project from BayWa r.e. Updated On Tue, Nov 22nd, 2016 by Saurenergy PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year. The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
JinkoSolar supplies 140 MW to North Star solar project in Minnesota Updated On Mon, Nov 21st, 2016 by Saurenergy JinkoSolar has announced that it has completed delivery on 140 MWdc of PV modules for the North Star project located in Chisago County, Minnesota, approximately 50 miles north of Minneapolis. The North Star Solar project will utilize over 440,000 of JinkoSolar’s high-efficiency 72-cell polycrystalline modules and is expected to generate enough clean energy to power […] Read more
